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CITY

Richmond

Vermont · 753 residents · 1.252 sq mi
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The short version

Richmond has lower-than-average household income, with a median household income of $71,250. Population has held roughly steady since 2023. 75% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has risen by half since 2023, reaching $405,600. Poverty is rare here, at 4.5% of residents. 75% of adults hold a bachelor's degree, well above the US average, yet household income trails the national figure — a profile common to graduate-student tracts and academic hubs.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 35.7
US median: 38.9
More educated
75% hold a bachelor's degree
US average: 36%
Less affordable
home values up 50%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

753
+12%since 2023
from 675 in 2023
2010 – 2024
601 / sq mi
+12%since 2023
from 539 / sq mi in 2023
US average: 281
35.7
−1%since 2023
from 36.0 in 2023
US average: 38.9
Population, 20102024
340480620760900201020202024Richmond
2024753
201020202024
Section 02

Income & economy

$71,250
+11%inflation adjusted, since 2023
from $62,240 in 2023
US average: $82,259
2010 – 2024
$45,725
−2%since 2023
from $46,711 in 2023
US average: $44,673
Households earning $100K+
50.0%
+4.5 ptssince 2023
from 45.5% in 2023
US average: 53.3%
4.5%
−0.7 ptssince 2023
from 5.2% in 2023
US average: 12.5%
0.389
+2%since 2023
from 0.383 in 2023
US average: 0.476
Workforce by industry, 2024
Other services21%
US avg: 6.7%
Public administration15.2%
US avg: 4.8%
Retail trade8.9%
US avg: 9.9%
Information5.8%
US avg: 10.8%
Arts, entertainment, food2.5%
US avg: 1.9%
Transportation & warehousing2%
US avg: 2.2%
Wholesale trade1.6%
US avg: 6.9%
Finance & insurance1.6%
US avg: 5.9%
Professional, scientific, technical1.6%
US avg: 5.1%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$405,600
+50%inflation adjusted, since 2023
from $261,900 in 2023
US average: $376,019
2010 – 2024
$1,875
Unchangedinflation adjusted, since 2023
from $1,814 in 2023
US average: $1,442
36.0%
−10.1 ptssince 2023
from 46.1% in 2023
64.0% rent
0.0%
−6.4 ptssince 2023
from 6.4% in 2023
US average: 10.0%
62.1%
+25.4 ptssince 2023
from 36.6% in 2023
US average: 22.9%
53.9%
−8.2 ptssince 2023
from 62.0% in 2023
US average: 47.4%
5.7
+35%since 2023
from 4.2 in 2023
2010 – 2024
RELATED:See current rent listings in Richmond on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic89%(601)
Black0%(0)
Hispanic / Latino3.1%(21)
Asian7.1%(48)
Other0.7%(5)
Diversity Score25.1%(170)
2024
White, non-Hispanic89.9%(677)
Black0%(0)
Hispanic / Latino2.9%(22)
Asian6.4%(48)
Other0.8%(6)
Diversity Score23.3%(176)
23
−7%since 2023
from 25 in 2023
2010 – 2024
Section 05

Education

74.6%
−1.0 ptssince 2023
from 75.6% in 2023
US average: 35.6%
High school or higher
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 89.6%
36.8%
−8.3 ptssince 2023
from 45.1% in 2023
US average: 14.0%
Section 06

Commute & transportation

22.9 min
+1%since 2023
from 22.7 min in 2023
US average: 26.5
64.3%
+0.7 ptssince 2023
from 63.6% in 2023
US average: 68.9%
21.5%
+1.7 ptssince 2023
from 19.9% in 2023
US average: 8.5%
0.0%
−4.0 ptssince 2023
from 4.0% in 2023
US average: 3.2%
14.2%
+2.4 ptssince 2023
from 11.8% in 2023
US average: 15.0%
0.0%
−0.7 ptssince 2023
from 0.7% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
3.1%
+0.2 ptssince 2023
from 2.9% in 2023
US average: 8.3%
Section 07

Work & employment

0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
79.1%
−6.9 ptssince 2023
from 86.1% in 2023
US average: 63.5%
17.2%
−7.0 ptssince 2023
from 24.2% in 2023
US average: 13.1%
76.1%
−3.6 ptssince 2023
from 79.7% in 2023
US average: 42.5%
Section 08

People & community

44.4%
−1.0 ptssince 2023
from 45.3% in 2023
55.6%
+1.0 ptssince 2023
from 54.7% in 2023
6.4%
−0.7 ptssince 2023
from 7.1% in 2023
US average: 14.1%
1.5%
−1.8 ptssince 2023
from 3.3% in 2023
US average: 6.2%
12.5%
+1.8 ptssince 2023
from 10.7% in 2023
US average: 13.3%
0.0%
−0.4 ptssince 2023
from 0.4% in 2023
US average: 8.4%
83.5%
−1.2 ptssince 2023
from 84.7% in 2023
US average: 91.0%
100.0%
+1.4 ptssince 2023
from 98.6% in 2023
US average: 77.7%
0.0%
−1.4 ptssince 2023
from 1.4% in 2023
US average: 13.6%
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Frequently asked

How many people live in Richmond, Vermont?

Richmond, Vermont has about 753 residents according to the 2024 American Community Survey.

What is the median household income in Richmond, Vermont?

The typical household in Richmond, Vermont earns about $71,250 a year. Half of households make more than that, and half make less.

Is Richmond, Vermont expensive?

In Richmond, Vermont, the median home is worth about $405,600, and the typical rent is about $1,875 a month.

How educated are people in Richmond, Vermont?

About 74.6% of adults age 25 and over in Richmond, Vermont hold a bachelor's degree or higher.

What is the poverty rate in Richmond, Vermont?

About 4.5% of people in Richmond, Vermont live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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